Annual levy of US $ 2000 charged from Port City businesses

Date:

The Colombo Port City Economic Commission has decided to charge an annual levy of US $ 2000 for businesses operating at the Colombo Port City.

A special gazette declaration signed by President Ranil Wickremesinghe in his capacity as the Minister of Finance, Economic Stabilisation and National Policy has been issued regarding the issuance of licences for operating businesses at the Port City, and these licences will be issued after careful assessment of the applications submitted for business operations expected on the grounds.

The investors are also expected act in compliance with the regulations by the Central Bank of Sri Lanka (CBSL), the Colombo Port City Economic Commission stated.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

LB Finance Delivers Robust Nine-Month Performance on Strong Fundamentals

By:Staff Writer January 27, Colombo (LNW): LB Finance PLC has posted...

Suburban Land Boom Reshapes Sri Lanka’s Property Economy

By:Staff Writer January 27, Colombo (LNW): Sri Lanka’s land market continued...

Colombo Port City Moves from Blueprint to Reality with First Private Capital

By:Staff Writer January 27, Colombo (LNW):  Colombo Port City, Sri...

Fragile Gains and the Cost of Complacency in Sri Lanka’s IMF Path

By:Staff Writer January 27, Colombo (LNW): Sri Lanka’s post-crisis economic...